Hong Kong's foreign currency reserve assets hit US$311.2b

That's up by US$2.5b on November.

In a report, the Monetary Authority said Hong Kong’s foreign currency reserve assets amounted to US$311.2 billion at the end of December, up US$2.5 billion on November.

The reserve assets represent more than seven times the currency in circulation or about 50% of Hong Kong dollar M3.

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